Quote from: Honeybooboo on August 08, 2015, 10:35:36 AM

Quote from: ransomer on August 08, 2015, 01:00:29 AM

This is still th biggest hinderance to bitcoin getting mass recognition.

It is far to unsafe to store any real wealth in for the average person.

IF people use weak passwords then you can say goodbye to the money in your online banking too. People need to really step up their game with security and 2-factor is a must at minimum.

No.

weak passwords are less dangerous in banking since 1. they cannot be brute forced easily (my bank will lock me out after only THREE bad attempts) 2. fraudulent transactions are often recoverable.

With Bitcoin, extreme brute forcing is possible. almost no limits on this, which is why super strong supercomputer-resistant passwords are a must...and there is little to zero recourse if you do get breached.

2fa is applicable to third party services which shouldn't be used anyway for big amounts.